Senior Development Accountant

POSITION SUMMARY

• WORKS ALONGSIDE OF SENIOR DEVELOPMENT PORTFOLIO CONTROLLER OR DEVELOPMENT
• MANAGER TO SERVE AS KEY POINT OF CONTACT FOR ONE OR MORE TEAM PROCESSES TO
• INCLUDE FIXED ASSETS, TENANT IMPROVEMENT, CAPITAL EXPENDITURE, THIRD PARTY
• AND/OR DEVELOPMENT ACCOUNTING SERVING AS TRUSTED RESOURCE FOR ALL ACCOUNTING
• RELATED ISSUES.  RELY ON KNOWLEDGE OF GAAP AS WELL AS THE BUSINESS, PROCESSES
• AND SYSTEMS TO REVIEW EACH DEAL TO ASCERTAIN THE TRUE ESSENCE UNDERLYING THE
• FINANCIAL TRANSACTION. REQUIRES ABILITY TO ANALYZE TRANSACTIONS, INDEPENDENTLY
• SEEK OUT RELEVANT INFORMATION AND APPLY WHAT HAS BEEN LEARNED TO ARRIVE AT GAAP
• ACCOUNTING CONCLUSION SUPPORTED BY KEY SET OF FACTS.

ESSENTIAL FUNCTIONS

• WITH MINIMAL SUPERVISION, MONITORS LEASING ACTIVITY TO IDENTIFY AND PROCESS

REQUIRED FIXED ASSET TRANSACTIONS AND ADJUSTMENTS.

• REVIEW AND ANALYZE EACH DEAL TO DETERMINE GAAP ACCOUNTING WITH THE

UNDERSTANDING THAT THE ACCOUNTING MAY NOT MIRROR THE ECONOMIC DEAL STRUCTURE.

• REQUIRES KNOWLEDGE OF ACCOUNTING PRINCIPLES AND THE ABILITY TO INDEPENDENTLY

• SEEK OUT RESOURCES BOTH WITHIN AND OUTSIDE THE COMPANY TO DETERMINE THE
• ESSENCE OF THE DEAL.

• TRACKS BUDGETS AND ESTIMATES FOR DEVELOPMENT PROJECTS IN THE JOB COST

SYSTEM.

• MONITOR AND REVIEW PAY INVOICES AND VENDOR CONTRACTS/CHANGE ORDERS TO ENSURE

TIMELY VENDOR PAYMENT AND RECORDING AS WELL AS PROPER CODING.

• PREPARE QUARTERLY PROJECT FINANCIAL PROJECT UPDATES AS ASSIGNED.
• REVIEW AND ANALYZE COSTS TO ENSURE PROPER ACCOUNTING.
• COLLABORATE WITH PROJECT MANAGEMENT, TEAMS TO OBTAIN ESTIMATES.
• MONITOR PAYMENTS AGAINST APPROVED SPEND AND INVESTIGATE AND RESOLVE

VARIANCES.

• ASSISTS WITH DELIVERING ACCURATE, TIMELY AND RELEVANT REPORTING FIXED ASSETS

• AND ASSIGNED DEVELOPMENT PROJECTS TO VARIOUS STAKEHOLDERS HIGHLIGHTING
• INFORMATION NEEDED TO MAKE BUSINESS DECISIONS.

• REQUIRES ABILITY TO CONTINUOUSLY APPLY KNOWLEDGE OF WHAT IS RELEVANT AND

ADJUST REPORTING METRICS REGULARLY TO MEET THE NEEDS.

• PREPARE AND PROCESS MONTHLY CAPITALIZED INTEREST CALCULATIONS FOR ACTIVE

DEVELOPMENT PROJECTS.

• MONITOR LIST OF ACTIVE PROJECTS BASED UPON UNDERSTANDING OF PROJECT STATUS.
• REVIEW UNDERLYING CALCULATIONS ENSURING THEY ARE PREPARED TIMELY AND

ACCURATELY ACCORDANCE WITH GAAP AND ACCOUNTING POLICIES.

SECONDARY RESPONSIBILITIES

• COORDINATE AND FACILITATE QUARTERLY DEVELOPMENT ACCRUAL PROCESS.
• PERFORM OTHER JOB-RELATED DUTIES AS ASSIGNED.